EmailStocks were slammed today with their worst single-session percentage loss since December, 2008. On the surface, the rout came in response to news that analysts at Standard & Poor's cut the US debt rating, but selling was really due mostly to what the downgrade suggested about macro conditions.
After the close, ESV, SYMM, KND, HGIC, AIQ, FALC, DCO, STXS, SYKE, BEAT, BEXP, MAKO, ENOC, HI, MGM, TXCC, ANDS, CFN, EM, LLNW, LXU, LYV, MOVE, MRX, PRSC, SLXP, YOKU, HIL, REN, ZINC, AGO, AVNR,BBBB, BKD, CLDT, CLNE, CPE, DTSI, EGY, ES, ETM, HR, LMNX, MR, MWE, OTTR, PANL, PLOW, SF, SNHY, TRAK, TTGT, TWGP, BRS, BWC, CKEC, GSS, GTE, TAST, TWTC, SUMR, DRYS, GA, TTWO, NDN, MITK are the most notable names scheduled to report earnings results.
Futures are lower after hours: S&P 500 futures are -5.99 from fair value of 1116.29 and Nasdaq100 futures -24.33 from fair value of 2058.03.
Tomorrow morning before the open, two economic reports are scheduled to be released: Productivity- Prel (Consensus -0.6%) and Unit labor costs (Consensus 2.2%).
Tomorrow before the open look for the following companies to report: AIT, ARGN, ENDP, SOL, RAH, DISH, SATS, BZH, LDR, AOL, ATRO, WRES, BLT, CVC, FSYS, LNCE, MKL, NGPC, OWW, SNI, TGH, ATPG, CODI, GEOI, GTXI, HL, HPT, MHR, SRE, TA, YONG, ADY, ARX, CRZO, CVVT, DEP, EBIX, EMCI, EPD, FOSL, GSI, IFF, JRCC, MDSO, MY, NNI, NOG, NRGY, PGNX, PTRY, RDNT, RNO, SCR, SGMS, SSP, TDG, TNDM, XIN, JADE, BAH, and CAAS.
